Price for Rubber Thread and Cord; Textile Covered in Iran - 2022
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Iran (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Iran (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Iran
- Exports of Rubber Thread and Cord; Textile Covered in Iran
Price for Rubber Thread and Cord; Textile Covered in Iran (CIF) - 2022
The average import price for rubber thread and cord; textile covereds stood at $6,374 per ton in 2022, picking up by 65% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber thread and cord; textile covereds increased by +82.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($62,889 per ton), while the price for Malaysia ($755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber Thread and Cord; Textile Covered in Iran (FOB) - 2022
The average export price for rubber thread and cord; textile covereds stood at $2,909 per ton in 2022, which is down by -25.3% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of 42%. The export price peaked at $4,850 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($3,726 per ton), while the average price for exports to Pakistan ($1,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (-5.8%), while the prices for the other major destinations experienced a decline.
Imports of Rubber Thread and Cord; Textile Covered in Iran
In 2022, the amount of rubber thread and cord; textile covereds imported into Iran surged to 221 tons, rising by 294% on 2021. Overall, imports, however, showed a abrupt downturn.
In value terms, imports of rubber thread and cord; textile covereds surged to $1.4M in 2022. Over the period under review, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber Thread and Cord; Textile Covered in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 194 | 99.0 | 22.4 | 1,167 | 81.9% |
| United Arab Emirates | 208 | 19.4 | 107 | 133 | -13.8% |
| France | 385 | 40.5 | 47.5 | 69.1 | -43.6% |
| Malaysia | 212 | 18.8 | 18.7 | 23.1 | -52.2% |
| Georgia | 20.3 | N/A | N/A | N/A | 0% |
| Others | 109 | 13.4 | 21.4 | 16.3 | -46.9% |
| Total | 1,129 | 191 | 217 | 1,408 | 7.6% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Iran in 2022:
- China (153.4 tons)
- United Arab Emirates (33.8 tons)
- Malaysia (30.6 tons)
- France (1.1 tons)
Exports of Rubber Thread and Cord; Textile Covered in Iran
For the third consecutive year, Iran recorded decline in shipments abroad of rubber thread and cord; textile covereds, which decreased by -89.8% to 482 kg in 2022. In general, exports saw a precipitous shrinkage. The smallest decline of -41.1% was in 2021.
In value terms, exports of rubber thread and cord; textile covereds shrank notably to $1.4K in 2022. Overall, exports saw a precipitous contraction. The smallest decline of -37% was in 2021.
| Export of Rubber Thread and Cord; Textile Covered in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 139 | 17.5 | 14.2 | 0.8 | -82.1% |
| Afghanistan | 34.7 | 0.8 | 0.8 | 0.4 | -77.4% |
| Pakistan | 218 | 10.4 | 2.0 | 0.1 | -92.3% |
| Others | 11.2 | 0.5 | 1.3 | N/A | -65.9% |
| Total | 403 | 29.1 | 18.4 | 1.4 | -84.9% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Iran in 2022:
- Iraq (226.0 kg)
- Afghanistan (172.0 kg)
- Pakistan (78.0 kg)
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